Wheaton Precious Metals (LON:WPM - Get Free Report)'s stock had its "buy" rating reissued by research analysts at Berenberg Bank in a note issued to investors on Wednesday, MarketBeat.com reports. They presently have a GBX 5,800 ($72.98) target price on the stock. Berenberg Bank's price target indicates a potential upside of 4.95% from the company's current price.
Wheaton Precious Metals Stock Up 2.3 %
Shares of LON WPM traded up GBX 126.55 ($1.59) during midday trading on Wednesday, hitting GBX 5,526.55 ($69.54). 2,953 shares of the company's stock were exchanged, compared to its average volume of 2,293. Wheaton Precious Metals has a 12 month low of GBX 3,040 ($38.25) and a 12 month high of GBX 5,660 ($71.22). The company's 50 day moving average price is GBX 4,882.78 and its 200 day moving average price is GBX 4,814.90. The firm has a market capitalization of £31.03 billion, a PE ratio of 50.91 and a beta of 0.70.
About Wheaton Precious Metals
(
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Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal.
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